Express

Telegram's CEO's Deposition Transcript is Published Online

Claudia Rivera

Summary: In response to the company’s alleged violation of the United States securities law, by conducting a $1.7 billion Gram token sale back in 2018, the CEO of Telegram, Pavel Durov, gave out an 18 hour deposition. The deposition was held around January 7 and 8 before a court reporting service by the plaintiff represented by ...

In response to the company’s alleged violation of the United States securities law, by conducting a $1.7 billion Gram token sale back in 2018, the CEO of Telegram, Pavel Durov, gave out an 18 hour deposition.

The deposition was held around January 7 and 8 before a court reporting service by the plaintiff represented by the United States’ Securities and Exchange Commission (SEC). The SEC used the deposition to continue to inquire Telegram on how it spent the money. According to the deposition transcript, Durov financed Telegram from his own expenditure from the sale of VKontakte around 2014.

By Claudia Rivera

Last Update:

Tags: ,,,,,
Link: Telegram's CEO's Deposition Transcript is Published Online   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 4 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 10 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 14 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 17 days ago
  • You need to login to comment.